Hello fellow traders, we can see that ICICIRULI has formed a bull flag pattern and now taking support at major weekly support zone we can see a big move in coming days after the breakout. right it's consolidating on lower time frame and volume is decreasing which is a sign of big movement in coming days.
let me know your views on this analysis ?
MHRIL has an interesting chart pattern
Bull Flag on 4h
Symmetrical Triangle on D
+ve Covid news will make it fly
-ve Covid new exit at 200
I would enter and exit at below price points
Enter - CMP, SL - 200
1st Target - 218
2nd Target - 231.8
3rd Target - 242.5
If you want to play safe wait for the breakout and test of either Bull Flag or...
The stock broke out of ₹525 last Thursday, thereby confirming the bull-flag chart pattern. After marking a high of ₹544.5, the price softened and is now finding support of 20-day simple moving average. Since the scrip is in a sharp uptrend, it is expected to extend the rally in the upcoming sessions and so, the current price level seems like good entry area. The...
CAN LONG EURUSD ABOVE BREAKOUT WITH STOPLOSS AND TARGETS AS SHOWN ON CHARTS
Always Trail Your Stop losses as price moves on winning side
For educational and monitoring purpose
consult your financial analyst before trading & Trade on your own risk
torrent pharm bull flag pattern. now reversing from the lower part of the flag. you can view it as a triangle formation also.
buy at current market price. with a stoploss of 2320 or 2275 which ever suits you for a target of 2500....2600++
This was the trade plan for 07 Apr 20 onwards for UJJIVAN based on ''POWER OF BULLFLAG" which was trading @ 141.50 made high of 164.55 now @ 157.20
Actual Trade plan of 07 Apr 20
Now special attention is required on 16 Apr 20 1415 hrs for probable...
NIFTY Trade plan 2 Long ONLY AFTER 1015 hrs- 1315hrs
Possibly End of Wave c/(2) or (B)
Support is around – 8528-8342-8212
Going Long from support would be a good idea
We can expect a Higher levels as mentioned on chart as Targets. Follow through of the said view can easily take #Nifty to 9859-10100 levels
Those who want to go long should have...